Page 16 - Budget Stabilization News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why do we hear from mr. Rose and your updated report. Mr. Chairman, numbers of the committee on page 74 of the report, recommended reductions are and for 1415 total 269,256. We want to clarify in our recommendation that 350,000 of the recommendation is a general fund reduction. The balance is the Childrens Fund reduction available for reappropriation, of the children funds program. Supervisor farrell supervisor breed . Supervisor breed for clarity, so the city grant program, is that the children funds reduction here . Hone for 250,000 another for 150,000 . Thats the general fund reduction. Sup...

Potential risks a supervisor breed said, digging into the Budget Stabilization reserve or other reserves. What are the risks involved . We can provide more information on this. The city does like everyone else, goes through economic cycles, revenue cycles up and cycles down. Proposition a and the policy that followed were meant to insulate the city; when times were better more money could be saved. The city adopted a rainy day reserve in 2004 which provided helpful relief during this period but our analysis at that time indicated that we needed more to avoid really Significant Service cuts str...

More financial cost savings to the city but unfortunately i dont have direct access to negotiate those deals which is why im going to be supporting the chiefs recommendation. I need these officers. I need their support. I need their enthusiasm in my district. I need a consistency. More importantly, and a more recent example not recent but a couple of years ago i remember because of our developed relationship with a lot of our Housing Authority cops, there was a time when one of our young people had a shotgun; he was being chased by someone, a Police Officer who didnt actually know him and defi...

Here and when we discovered these features back in mid 2012, production on the project was impacted by four months essentially. But since then we have picked up and we are moving ahead full speed right now on the project. We are 35 done with the project. And id like to highlight the fact that the sods 117 million we are asking to you approve today to transfer to the project will only cover the construction, the increase in Construction Costs. There will be a need for increases also what we call the soft costs, delivery costs for the additional 25 months. And there are also significant risks re...

269,256. We want to clarify in our recommendation that 350,000 of the recommendation is a general fund reduction. The balance is the Childrens Fund reduction available for reappropriation, of the children funds program. Supervisor farrell supervisor breed . Supervisor breed for clarity, so the city grant program, is that the children funds reduction here . Hone for 250,000 another for 150,000 . Thats the general fund reduction. Supervisor farrell mr. Rose would you like to give us more specificity . Those are general fund recommendations, the 350,000 but we are referring to which the departmen...